Examlex
If the correlation between two variables is known to be statistically significant at the 0.05 level, then the regression slope coefficient will also be significant at the 0.05 level.
Overconfidence
A cognitive bias where an individual's subjective confidence in their judgments and abilities is greater than their objective accuracy.
Algorithms
Step-by-step procedures or formulas for solving a problem or accomplishing a specific task, often used in computing and mathematics.
Confirmation Bias
The tendency to search for, interpret, and remember information in a way that confirms one's preconceptions, leading to statistical errors.
Probability Distribution
An equation or model that describes the likelihood of various outcomes in a stochastic process.
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